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WESTERN COPPER AND GOLD PROVIDES UPDATE ON THE PORT OF SKAGWAY
WESTERN COPPER AND GOLD PROVIDES UPDATE ON THE PORT OF SKAGWAY Canada NewsWire ...
About this update from Western Copper And Gold Corporation
[{"type":"text","content":"\n \n \n \n WESTERN COPPER AND GOLD PROVIDES UPDATE ON THE PORT OF SKAGWAY\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Dec. 5, 2023\n \n \n /CNW/ - Western Copper and Gold Corporation (\"Western\" or the \"Company\") (TSX: WRN) (NYSE American: WRN) is pleased to announce during the 2023 Fall Sitting of the Yukon Legislative Assembly, the Yukon Government approved\n \n $21.4 million\n \n for investment in the Municipality of\n \n Skagway's\n \n (or \"Skagway\") redevelopment of their dock infrastructure to include a Marine Services Platform (\"MSP\") to continue to support ore export for the\n \n Yukon\n \n mining industry.\n \n \n \n \n \n \n \n \n \n The approval of this investment follows the Yukon Government signing of a term sheet with\n \n Skagway\n \n on\n \n September 7, 2023\n \n , outlining the terms and conditions of the investment, proposing an initial 35-year preferential access to the port with an option to extend for another 15 years, as well as a significant investment in the initial engineering of the MSP. The\n \n Yukon\n \n government is currently working towards finalizing an Export Cooperation Agreement with\n \n Skagway\n \n .\n \n \n The MSP at\n \n Skagway\n \n is located in South-east\n \n Alaska\n \n and is 560 km from, and is the closest tidewater port to, the\n \n Casino\n \n Project. The Port of\n \n Skagway\n \n has historically been the preferred port to ship concentrates from the\n \n Yukon\n \n , and most recently was used to ship copper concentrates from the Minto Mine.\n \n \n \"Further investment and commitment from the Yukon Government in advancing infrastructure for the mining industry is another step in the right direction to advancing the\n \n Casino\n \n Project.\" said\n \n Paul West-Sells\n \n , President and Chief Executive Officer. \"We remain confident that the\n \n Casino\n \n Project is a great asset for the\n \n Yukon\n \n that will provide benefits to\n \n Yukon\n \n communities and First Nations for generations to come.\"\n \n \n \n ABOUT ...